401 E North Boulevard, Leesburg, FL 34748
sale
$1,250,000
|
Office
Courtesy Of MIZZ REALTY GROUP INC
Fantastic Opportunity to own this 9800 sq ft Medical or Professional Office space with 115 feet of highway frontage on 441 . Fantastic income property. This building consists of just under 10,000 sq ft. There are a total 3 units. 1 - 5800 sq ft unit that is leased at $5,000 per month for a 5 year term and has 3 years left and 2 identical 2,000 sq ft offices that are now vacant and getting ready for the next tenant. The building is in excellent condition. The owners had the parking lot repaved and re-striped and the exterior painted last year. The large 5,800 sq ft space can be built out to 2 or 3 units if you want more rental opportunities. This building is located on 441 and has fantastic road traffic and exposure. Rent out the other 2 units for 10% + cap income property. The parking lot will accommodate 60+ vehicles. Lots of options available. Use all 9800 sq ft, Use the 3 separate units or create more units for more income. This is a great owner operator property as well with your tenants paying your mortgage for you. Great location that is just minutes from the hospital.
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Property Features
- Age: 21-30 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Heating System: Electric (Heating)
- Legal Description: FROM SOUTHEAST CORNER OF SECTION 23 TOWNSHIP 19 SOUTH RANGE 24 EAST RUN SOUTH 89-52-00 WEST ALONG SOUTH LINE OF SAID SECTION 250 FEET FOR POINT OF BEGINNING, RUN NORTH 00-04-00 WEST 181 FEET, SOUTH 89-52-00 WEST 118.65 FEET, SOUTH 02-44-00 WEST 182 FEET, NORTH 89-52-00 EAST 127.50 FEET TO THE POINT OF BEGINNING, LEESBURG, SOUTHLAKE PARK PB 11 PG 77 LOTS 7, 8, 9, 10, 11, 12, 13 BLK 1--LESS HWY 441--, AND EAST 1/2 OF KAOLIN STREET LYING EASTERLY OF LOTS 6, 7, 8 BLK 3 NOW VACATED ORB 5279 PG 158
- MLSID: G5108765
- Roof Type: Tile
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